Under what circumstances is property owned by the insured not covered under personal liability?

• A. When it is in a rental unit
• B. When it is being used for business
• C. When it is excluded in the policy
• D. All of the above

Answer: (D)

Property owned by the insured is typically not covered under personal liability in various specific scenarios. When property is in a rental unit, it is crucial to note that personal liability coverage often does not extend to personal property within a unit that is rented by the insured. This is generally because such property is covered under a renters or tenants insurance policy rather than by the homeowner's personal liability coverage.

Additionally, property being used for business purposes is another key circumstance where personal liability does not apply. If the insured is using their property in a business context, it introduces different risks and liabilities that are typically addressed under commercial liability insurance instead, as personal insurance is not designed to cover business-related activities.

Lastly, there are specific exclusions enumerated in many insurance policies that outline types of property or situations that are not covered under personal liability. These exclusions are predicated on the likelihood or nature of the risk involved.

Combining these scenarios indicates that personal liability does not provide coverage for property owned by the insured when it is in rental units, used for business, or excluded per the terms of the insurance policy, affirming that all the mentioned circumstances collectively justify the conclusion that property in those situations is not covered.